(604) 765-1731

bob@brattston.com

My Office Listings

6822 Arcola Street
Highgate Burnaby V5E 1H3

$3,628,000
Multi-Family Commercial

View of side of property with a yard and stucco siding
Photo 1: 6822 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8069198
Photo 2: 6822 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8069198
Photo 3: 6822 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8069198
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8069198
Build. Type:
See Remarks
Fantastic investment and future development opportunity! This well-maintained 2-storey, 10-unit apartment building offers strong, reliable income with approximately $175,000 in annual rental revenue plus an additional $2,000 from laundry. Fully tenanted with long-term, stable renters. Numerous recent upgrades include new roofs, windows, boiler, furnace, exterior paint, and durable laminate flooring throughout—all contributing to lower maintenance costs and tenant satisfaction. Located in a high-demand, transit-friendly area close to shopping, schools, and amenities. This is a prime holding property with excellent cash flow and long-term value. Even more attractive is its location within a potential land assembly zone, with future redevelopment potential for up to 20-storey high-rise. Whether you’re looking for steady income now or strategic upside in the future, this is a rare and solid opportunity for investors and developers alike.Secure this high-performing asset in a growing neighborhood!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
See Remarks
# Units Total:
10
# Other Units:
0
# of Apartments:
0
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1958 (Age: 67)
Living Area:
9,000 sq. ft.
Subject Property Depth:
120'
Subject Property Width:
75'
Lot Area:
9,147.6 sq. ft.
Potential to Redevelop:
Contact LR, No
Electricity:
No
Parcel Number:
010404082
Taxes:
$10,454.74 / 2024
No
Water Rights:
No
Potential to Redevelop:
Contact LR, No
Env Assmt Phase:
No
  • Photo 1: 6822 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8069198
    View of side of property with a yard and stucco siding
  • Photo 2: 6822 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8069198
    Rear view of property with a balcony, a pergola, and stucco siding
  • Photo 3: 6822 Arcola Street in Burnaby: Highgate Multi-Family Commercial for sale (Burnaby South)  : MLS®# C8069198
    Dining room with dark wood finished floors
Listed by RE/MAX City Realty and RE/MAX Crest Realty
Data was last updated December 31, 2025 at 08:40 AM (UTC)
Bob Brattston
Cell: 604-765-1731
Office: 604-732-1336
Email : bob@brattston.com
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.